Results 1-5 of 5
How Do Exchange Rate Movements Impact Firm Performance in Korea?
(Korea Institute for International Economic Policy, 2018-01-15)
The exchange rate is one of the most influential variables on economic activities in a small open economy such as Korea. In an economy that highly depends on the external sector, exchange rate movements can affect exports and imports and ultimately ...
The Role of Global Production Linkage on the Exchange Rate Elasticity of Firm Exports
(Korea Institute for International Economic Policy, 2019-05-03)
The effectiveness of exchange rates on exports empirically appears to be weak across countries, while many theoretical models conclude that exchange rate depreciation can stimulate economic activities and boost exports through the mechanism of price ...
Is This Time Different? The Coronavirus Crisis and Its Impacts on the Financial Market
(Korea Institute for International Economic Policy, 2020-04-16)
The coronavirus outbreak has rapidly spread out around the world. Since the first case reported in the United States on January 20, 2020, the United States has become one of the most severely infected countries by the virus with the numbers of confirmed ...
The International Transmission of U.S. Monetary Policy on the Korean Economy
(Korea Institute for International Economic Policy, 2016-11-03)
With the U.S. economy looking resilient, the Federal Reserve ("the Fed") is pushing to normalize the stance of monetary policy. The Fed ceased the bond-purchasing program (QE) in October 2014, and raised the federal fund rate in December 2015 for the ...
External Adjustment after the Pandemic: Valuation Effects of Net Foreign Asset Positions
(Korea Institute for International Economic Policy, 2021-06-15)
Due to globalization and development in financial integration over the last three decades, gross foreign assets and liabilities have increased dramatically in developed and emerging countries. The foreign assets and liabilities of developed countries ...